On Air Now Chris Hedley 3:00pm - 7:00pm Email
Now Playing Head & Heart Joel Corry Download

Manx companies see millions of pounds of London property frozen

Two London properties owned by Isle of Man companies have been made the subject of freezing orders by investigators in the UK.

The properties in Grosvenor Square and Gresham Gardens were frozen by the UK's National Crime Agency.

It's investigating allegations of corruption in Bangladesh involving the property owners, along with the country's Bangladesh Anti-Corruption Commission.

The two properties had a combined value of just under £8 million when they were last on the market in 2011.

More from Isle of Man Business

Recently Played

Listen Live Listen